Morgan Dempsey Capital Management LLC Invests $55,000 in iShares S&P 500 Value ETF $IVE

Morgan Dempsey Capital Management LLC purchased a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 280 shares of the company’s stock, valued at approximately $55,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cloud Capital Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the 1st quarter worth $27,000. Mowery & Schoenfeld Wealth Management LLC purchased a new position in iShares S&P 500 Value ETF during the first quarter valued at $29,000. Harbor Asset Planning Inc. purchased a new position in iShares S&P 500 Value ETF during the second quarter valued at $30,000. Nemes Rush Group LLC lifted its position in iShares S&P 500 Value ETF by 625.0% during the first quarter. Nemes Rush Group LLC now owns 174 shares of the company’s stock valued at $33,000 after purchasing an additional 150 shares in the last quarter. Finally, Flaharty Asset Management LLC purchased a new position in iShares S&P 500 Value ETF during the first quarter valued at $33,000.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE opened at $206.01 on Friday. The company has a market capitalization of $41.66 billion, a PE ratio of 20.70 and a beta of 0.94. The business’s fifty day moving average is $204.05 and its 200 day moving average is $194.51. iShares S&P 500 Value ETF has a fifty-two week low of $165.45 and a fifty-two week high of $209.12.

iShares S&P 500 Value ETF Profile

iShares S&P 500 Value ETF (the Fund), formerly iShares S&P 500 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500 Value Index (the Index). The Index measures the performance of the large-capitalization value sector of the United States equity market and consists of those stocks in the S&P 500 exhibiting the strongest value characteristics.